Chris Johnson wrote: 7 or 11, it makes little difference. It's clearly a very different number than for Minneapolis proper.
Bill Cullen responds: I think you are claiming the vacancy rates in Mpls are "very different" than the rest of the 7 (or 11) county metro area. If not, I apologize in advance. We don't need to speculate on that point. The vacancy rate details are printed in every Saturday Homes section of the Star Tribune. Yesterday's paper showed a 6.3% vacancy rate for Minneapolis proper. Slightly lower than the 6.5% stated for the larger metro area. Chris Johnson also asked "if the vacancy rates were grossly distorted by higher end rents." And that it would be a "scary thought" if "that kind of vacancy rate" existed for a large number of affordable units. Bill Cullen Responds: Yesterdays Star Tribune article (http://www.startribune.com/stories/417/3984033.html) stated that for properties with rents of $700 a month or less, "the vacancy rate rose from 4.4 percent a year ago to 5.9 percent last quarter." Not as high as the 6.5% we see for all rentals. However, a 5.9% vacancy rate would represent thousands of vacant apartments for less than $700/month in Minneapolis alone. Am I the only one that notices all of the "for rent" signs in Minneapolis? Do the buildings you see those signs in front of appear to be "upper end" buildings? Folks, glance at your Sunday paper and try to find an apartment for under $700/month. They are all over. Bill Cullen Hopkins & Uptown. TEMPORARY REMINDER: 1. Don't feed the troll! Ignore obvious flame-bait. 2. If you don't like what's being discussed here, don't complain - change the subject (Mpls-specific, of course.) ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
